S10Y 2003 Panda - Finally Has Attributes Assigned For Varieties

Discussion in 'Modern Chinese Coins & Medallions' started by comeaux, Feb 29, 2012.

  1. comeaux

    comeaux New Member Silver Stacker

    Joined:
    Sep 29, 2011
    Messages:
    907
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    South Louisiana
    I'm not sure if this has been posted yet but I thought it was pretty cool as I haven't seen it until now.

    We have all known that there are at least two varieties and possibly even four of the S10Y 2003 Panda but PCGS is finally labeling their holders with the attribute "frosted" or "satin"

    The frosted are common as I have seen many and own several but the satin are rarely seen. I only own one. NGC has not started assigning attributes to the S10Y 2003 but I'm sure the will soon.

    [​IMG]
     
  2. comeaux

    comeaux New Member Silver Stacker

    Joined:
    Sep 29, 2011
    Messages:
    907
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    South Louisiana
    Here is a picture of the two varieties the "satin" is on the left, of course these two are NGC without attributes labeled (yet).

    [​IMG]
     
  3. fishball

    fishball New Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    6,627
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Shin Sekai Yori
    Hm time to take a look at my 2003s... hoard all the Satins!
     
  4. Ouch

    Ouch Active Member

    Joined:
    Nov 16, 2010
    Messages:
    1,066
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Sydney, Australia
    You better send one satin to me! lol jk
     
  5. tamo42

    tamo42 New Member

    Joined:
    Sep 21, 2011
    Messages:
    449
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    Wow NGC is only about 2 years behind groovemac at LBC/CDC ;)
     
  6. Catseye

    Catseye New Member

    Joined:
    Jan 19, 2012
    Messages:
    265
    Likes Received:
    0
    Trophy Points:
    0
    I think I may have one of the satin finish Pandas.

    [​IMG]
     
  7. musemellow

    musemellow Member

    Joined:
    Dec 4, 2011
    Messages:
    465
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Perth, WA
    Exactly as FB said, We should hunt all the satins! 11 out of 620 is no coincidence at all
    Congrats catseye
     
  8. fishball

    fishball New Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    6,627
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Shin Sekai Yori
    Mines are the common variety I think :(
     
  9. Pandacollector

    Pandacollector Active Member

    Joined:
    Jul 25, 2010
    Messages:
    412
    Likes Received:
    58
    Trophy Points:
    28
    Location:
    The Golden State
    Based on a discussion I had not long ago with their chief grader, and others there, I think this will not be the last new variety to come from PCGS. If you have something that you believe may be a new variety let them know. They are definitely interested.

    Best wishes,
    Peter Anthony
    http://www.pandacollector.com
     
  10. musemellow

    musemellow Member

    Joined:
    Dec 4, 2011
    Messages:
    465
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Perth, WA
    Acknowledging new varieties, I think that's good business move from PCGS,

    All they need to do now is redesign/upgrade the quality of their slabs, NGC slabs looks 10 times better than PCGS's
     
  11. Pandacollector

    Pandacollector Active Member

    Joined:
    Jul 25, 2010
    Messages:
    412
    Likes Received:
    58
    Trophy Points:
    28
    Location:
    The Golden State
    Another good move is that PCGS should soon (like next month) have larger capsules to hold 5 oz., 12 oz. and kilo coins. From what I can see the fun is just beginning.

    Best wishes,
    Peter Anthony
    http://www.pandacollector.com
     
  12. Catseye

    Catseye New Member

    Joined:
    Jan 19, 2012
    Messages:
    265
    Likes Received:
    0
    Trophy Points:
    0
    If PCGS puts out a better slab that protects & displays as well as NGC in conjunction with implementing a reasonable conservation service NGC can put a fork in it.
    Either meet your customers needs or become irrelevant and fold.
     
  13. 25Grizzlies

    25Grizzlies Member

    Joined:
    May 6, 2011
    Messages:
    632
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia
    +1

    There is nothing wrong with the protective capabilities of the PCGS holder. They have $1million dollar coins that are housed in them, that'll do me. I agree though the aesthetics could be improved, there's definitely something missing there.

    PCGS may be tougher graders on some coins but isn't that what good graders should do? Looks after the market and ensures competition. NGC are realising this, now getting tougher on grading and it may be too late for them.

    In a subjective field like grading, perception is key.
     
  14. yennus

    yennus Well-Known Member Silver Stacker

    Joined:
    Oct 24, 2010
    Messages:
    4,837
    Likes Received:
    101
    Trophy Points:
    48
    Location:
    Shanghai:Sydney
    IF PCGS had a Conservation service that would heat up the competition :)
     
  15. Catseye

    Catseye New Member

    Joined:
    Jan 19, 2012
    Messages:
    265
    Likes Received:
    0
    Trophy Points:
    0
    Is that only a rumor that they will be doing that soon?
     
  16. yennus

    yennus Well-Known Member Silver Stacker

    Joined:
    Oct 24, 2010
    Messages:
    4,837
    Likes Received:
    101
    Trophy Points:
    48
    Location:
    Shanghai:Sydney
    I'll believe it when they start charging for it :) eheheh...

    PCGS also have an invoice fee!
     
  17. Catseye

    Catseye New Member

    Joined:
    Jan 19, 2012
    Messages:
    265
    Likes Received:
    0
    Trophy Points:
    0
    ...and noting it on their label. :D
     
  18. comeaux

    comeaux New Member Silver Stacker

    Joined:
    Sep 29, 2011
    Messages:
    907
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    South Louisiana
    PCGS has the "perception" of being tougher because there are less PCGS 69's and 70's graded of almost every Chinese coin that you will search. The reason why is because the total amount that PCGS has graded of any Chinese coin is paltry when compared to the dominance in Chinese coin grading by NGC.

    So PCGS has beat NGC to the punch on one attribute is laughable when looking at how far ahead NGC is on ALL ATTRIBUTES of Chinese coins for several years. PCGS is so far behind in Chinese Coin grading that I doubt they ever catch up, at least they are making an attempt.

    All a person has to do is look at the majority of high value Chinese coins that are graded and they are sitting in NGC holders. Just for example look at the last Champion auction tells the whole story :D

    I would encourage people to use PCGS as well it will keep the competition tight. Use who makes you happy is the most important thing ! :)
     
  19. jc888888888

    jc888888888 New Member Silver Stacker

    Joined:
    Dec 12, 2011
    Messages:
    1,399
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    usa
    pcgs, has in house conservation they just haven't opened it up to the public yet, that 1999 LD SERIF I own with the ghastly milk spots :) when i called CSR on the phone told me so and said to send my coin and they would try and fix it.........................
     
  20. 25Grizzlies

    25Grizzlies Member

    Joined:
    May 6, 2011
    Messages:
    632
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia
    NGC is getting tougher on grading, that implies that they have been softer in the past.

    Perhaps the reason that PCGS hasn't graded as many Chinese coins is for this very reason?

    My 03 looks like Catseyes... thats a frosted one isnt it?
     

Share This Page